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Finance Manager - Financial Times

Mon, 02 Jul 2007 17:14:07 GMT

Finance Manager Financial Times, UK - 5 hours ago FSS is recruiting for large and well-known Retail brand that is looking to double its presence here in the UK within 3 years. Reporting to a Divisional ...

Canada's Payday Loan Law Receives Royal Ascent; Effective Today

Consider A Credit Card Debt Consolidation Program If You Are A ...



Performance-Based Perils

Recently, the personnel reform effort at the Government Accountability Office -- which had been hailed as an archetype of governmentwide reform -- has been called into question by members of Congress and certain employees, who have moved to form a union. Now another star of the federal personnel reform movement is being doubted.

This time, it's the Education Department's Federal Student Aid office. In 1998, Congress anointed the FSA as the first performance-based organization under then Vice President Al Gore's reinventing government initiative. PBOs were meant to run more like private-sector businesses.

Executives at the agency had to commit to annual performance goals, and were rewarded with hefty bonuses if successful. Salaries and bonuses for most top executives can go up to 125 percent of the maximum Senior Executive Service pay rate.


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